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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Tom who wrote (99580)4/21/2000 8:34:00 PM
From: Frederick Langford  Read Replies (1) | Respond to of 108040
 
On another note, would you take a look at TLXS for me

TLXS IPO'd Feb 2, 2000 for $17
Wider than expected loss is a death nail in this current environment.
Wish I could find better news, but I'd be prepared to either put it in long term folio and take your chances, or turn it into money.

Fred



To: Tom who wrote (99580)4/21/2000 10:07:00 PM
From: SirRealist  Read Replies (2) | Respond to of 108040
 
Tom: Comparing to what other stocks have been through, and using my calculation of 75% to 80% off its March high (116 I think), TLXS is likely to drop to 23-29 before rebounding.

Since it hit 29 Thursday, it may rise from here. Monday should tell. I'd set a stop at 28, then look to pick it up near 23. But I'd have to see a rebound begin before buying even at that level.

Some stocks (SQST and CHRD and NEOF, etc.) have gone lower. TLXS looks strong enough to do better than them.